HUI - Nov 19 2008 12:09PM
By:
Biiwii.com Wednesday, November 19, 2008 12:07 PM
Okay, we are all nerve wracked here. At least those of us dumb enough to be on board this thing. :-) Here is HUI with TRIX confirming the MACD, bullish divergence and that #@%! downtrend that needs to be broken. Getting close but pardon me if I am not overconfident. I am not, and that's probably how it should be. A break of the downtrend would become much more significant with a break above the noted resistance at 225 as mentioned before.
PS: Upon posting I just noticed the EWI banner with the word DEFLATION on it. My friends at EWI have feasted upon we 'inflationistas' and they have been right. But I am also seeing Johnny Come Lately AKA the MSM beginning to get its big, dense head around the idea of deflation as well. A contrary indicator?
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